2000-030-RES AUTHORIZING THE EXECUTION OF INTERLOCAL AGREEMENT

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RESOLUTION NO. 2000-030 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, AUTHORIZING THE EXECUTION OF AN INTERLOCAL AGREEMENT WITH THE TEXAS MUNICIPAL LEAGUE INTERGOVERNMENTAL EMPLOYEE BENEFITS POOL (TML-IEBP) AND THE CONSENT TO ASSIGNMENT FORM; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Texas Municipal League Group Benefits Risk Pool (TML-GBRP) was formed on May 1, 1979, to ensure that political subdivisions had access to employee benefits and to assure that there would be competition in the price of employee benefits; and, WHEREAS, the T ML-GBRP was formed as an employee benefit welfare trust that expires in twenty-one (21) years, or on May 11, 2000, and the 1979 Trust allows the TML-GBRP Trustees to transfer all assets to another trust established for substantially similar purposes; and, WHEREAS, on September 17, 1999, the TML Intergovernmental Employee Benefits Pool (TML-IEBP) was formed; and, WHEREAS, the TML- IEBP will operate under Chapter 172 ofthe Local Government Code, the Interlocal Cooperation Act (Chapter 791 ofthe Government Code), and have substantially similar purposes as the TML-GBRP, and the original Trustees and officers of the TML-IEBP are the same as the current TML-GBRP Trustees and officers, and the Polices and Procedures will be the same; and, WHEREAS, on January 28,2000, the TML-GBRP Board of Trustees voted to transfer all assets and liabilities to the TML- IEBP on April 1, 2000, and to terminate the TML-GBRP Trust on the same date; and, WHEREAS, also on January 28,2000, the TML-IEBP Board of Trustees voted to accept the transfer of all TML-GBRP assets and to assume responsibility for all TML-GBRP liabilities as of April 1, 2000; and, WHEREAS, other than the requirement of having the City Council adopt and execute the Interlocal Agreement with the TML-IEBP, a copy of which is attached hereto as Exhibit A, the change will be almost transparent for Members; and, WHEREAS, the Administrative Services Agreement and any other service agreements (e.g. COC Administration, Flexible Spending Account Administration, or Retiree Direct Billing) will be assigned to the TML-IEBP by adoption and execution of the Consent To Assignment Agreement, a copy of which is attached hereto as Exhibit B; and,